
PANews|Sep 16, 2025 00:56
[New Political Action Committee 'Fellowship' Supporting 'U.S. Cryptocurrency Advocates' Raises $100 Million]
According to Cointelegraph, a new political action committee focused on supporting U.S. candidates who 'support innovation and cryptocurrency' has officially launched with $100 million in funding. On Monday, the Fellowship Political Action Committee posted on the X platform, stating that as part of efforts to back the Trump administration's digital asset strategy initiatives, the committee has raised 'over $100 million' from anonymous sources. The political action committee stated that its goal is to support specific candidates for federal office and to help clarify regulatory guidelines, thereby preventing the 'brain drain and entrepreneur exodus' of U.S. cryptocurrency companies. Sources indicated that the political action committee has not seen evidence of 'Coinbase's involvement' in the initiative.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink